Will the future gold price predict the peak in rates by a year like it did in 1980?
Lense through which I look at gold: Gold is insurance for my/my children's purchasing power in the future. No one likes to purchase insurance (home, auto, life, income, purchasing power?) but we do to protect our future interests.
Gold-
Up Arrow
1958- $35
1980- $888- peak
Horizontal Arrow
1980- $888
1999- $255- bottom
2008- $888- completed cycle
Up Arrow
2008- $888
2011- $1826- New ATH
Horizontal Arrow
2011- $1826
2015- $1055- Bottom
2020- $1826- Cycle complete
Up Arrow?
10Yr-
Up Arrow
1958- 3.3%
1980- 13%-- Peak next year at 15.7%
Down Arrow
1980- 13%
1999- 5.9% mid point in decline
2008- 3.5%
Down Arrow
2008- 3.5%
2011- 1.7%
Down Arrow
2011- 1.7%
2015- 2.3%
2020- .5% likely bottom
Up Arrow?
Lense through which I look at gold: Gold is insurance for my/my children's purchasing power in the future. No one likes to purchase insurance (home, auto, life, income, purchasing power?) but we do to protect our future interests.
Gold-
Up Arrow
1958- $35
1980- $888- peak
Horizontal Arrow
1980- $888
1999- $255- bottom
2008- $888- completed cycle
Up Arrow
2008- $888
2011- $1826- New ATH
Horizontal Arrow
2011- $1826
2015- $1055- Bottom
2020- $1826- Cycle complete
Up Arrow?
10Yr-
Up Arrow
1958- 3.3%
1980- 13%-- Peak next year at 15.7%
Down Arrow
1980- 13%
1999- 5.9% mid point in decline
2008- 3.5%
Down Arrow
2008- 3.5%
2011- 1.7%
Down Arrow
2011- 1.7%
2015- 2.3%
2020- .5% likely bottom
Up Arrow?